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Global Market Today: Asian stocks rise after bond rally, dollar steady

Economic Times 20 August 2026 at 02:59 am 1 min read 7 views Read Original
Global Market Today: Asian stocks rise after bond rally, dollar steady

Asian stocks advanced as the US Treasury announced debt buyback plans. This move eased pressure on the bond market and stabilized the dollar. South Korean shares surged, led by SK Hynix's buyback announcement. Global bonds had experienced a selloff due to inflation and debt concerns. Investors are also reviewing Federal Reserve meeting minutes for inflation outlooks.

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